Streetbeat News

Stock Prices

NOC

Northrop Grumman has reaffirmed its fiscal year 2024 outlook, projecting adjusted earnings per share (EPS) in the range of $24.45 to $24.85, compared to the consensus estimate of $24.65. The company also expects sales to be between $40.800 billion and $41.200 billion, slightly below the consensus estimate of $41.11 billion.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:53 am

RS

Reliance Steel & Aluminum (NYSE:RS) reported Q1 2024 earnings of $5.30 per share, missing the $5.55 estimate, and sales of $3.645B, below the $3.757B estimate. This represents a 12.05% increase in EPS and an 8.08% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:52 am

BDRBF

Bombardier reported Q1 2024 adjusted EPS of $0.36, surpassing the $0.28 estimate, but its sales of $1.281B fell short of the $1.482B forecast. This represents a significant decrease in both earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:51 am

MPX

Marine Products Corp. (MPX) reported a significant decrease in Q1 earnings and sales YoY, with EPS down to $0.13 from $0.34 and sales dropping to $69.34M from $118.91M.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:51 am

NOC

Northrop Grumman (NOC) reported Q1 2024 earnings of $6.32 per share, surpassing the $5.74 estimate, and sales of $10.133B, exceeding the $9.771B forecast. This represents a 14.91% increase in earnings and an 8.95% increase in sales from the same period last year.

Portfolio Pulse from Mohit Manghnani

April 25, 2024 | 10:49 am

SAH

Sonic Automotive (NYSE:SAH) reported Q1 earnings of $1.36 per share, surpassing the $1.30 estimate, but its sales of $3.38B fell short of the $3.45B estimate. This represents a slight increase in earnings and a decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:49 am

RES

RPC (NYSE:RES) reported Q1 earnings of $0.13 per share, missing the consensus estimate of $0.17, and sales of $377.83M, below the estimate of $390.92M. This represents a significant decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:48 am

IP

International Paper (NYSE:IP) reported Q1 earnings of $0.17 per share, missing the $0.22 estimate, and sales of $4.62B, beating the $4.56B estimate. Earnings per share decreased by 67.92% and sales by 7.99% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:46 am

HZO

MarineMax (NYSE:HZO) reported Q2 2024 adjusted EPS of $0.18, missing the $0.66 estimate, with sales of $582.9M also missing the $590.189M estimate. This represents a 2.20% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:46 am

CARR

Carrier Global's shares are trading lower after the company reported mixed Q1 financial results and reduced its 2024 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:43 am